Thor Explorations Ltd. (THX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Thor Explorations Ltd. (THX) has a cash flow conversion efficiency ratio of 0.116x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$53.05 Million ≈ $38.38 Million USD) by net assets (CA$458.88 Million ≈ $331.94 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market value of Thor Explorations Ltd. for the company's overall valuation and market capitalisation.
Thor Explorations Ltd. - Cash Flow Conversion Efficiency Trend (2001–2025)
This chart illustrates how Thor Explorations Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Thor Explorations Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Thor Explorations Ltd. ranked by their cash flow conversion efficiency. Explore Thor Explorations Ltd. cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sweetgreen Inc
NYSE:SG
|
-0.037x |
|
Citycon Oyj
HE:CTY1S
|
0.006x |
|
General Fusion Group Ltd. Cl A
NASDAQ:GFUZ
|
0.055x |
|
New York Mortgage Trust Inc
NASDAQ:NYMT
|
0.028x |
|
CCP Contact Probe Co Ltd
TWO:6217
|
-0.031x |
|
The Oncology Institute, Inc.
NASDAQ:STLN
|
-0.479x |
|
Song Da Urban & Industrial Zone Investment and Development JSC
VN:SJS
|
-0.118x |
|
Wuxi Xuelang Environmental Technology Co Ltd
SHE:300385
|
0.201x |
Annual Cash Flow Conversion Efficiency for Thor Explorations Ltd. (2001–2025)
The table below shows the annual cash flow conversion efficiency of Thor Explorations Ltd. from 2001 to 2025. View latest Thor Explorations Ltd. stock price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$380.01 Million ≈ $274.89 Million |
CA$185.66 Million ≈ $134.31 Million |
0.489x | +59.21% |
| 2024-12-31 | CA$201.25 Million ≈ $145.58 Million |
CA$61.76 Million ≈ $44.68 Million |
0.307x | -43.58% |
| 2023-12-31 | CA$147.94 Million ≈ $107.02 Million |
CA$80.47 Million ≈ $58.21 Million |
0.544x | -44.06% |
| 2022-12-31 | CA$86.78 Million ≈ $62.78 Million |
CA$84.39 Million ≈ $61.05 Million |
0.972x | +426.91% |
| 2021-12-31 | CA$75.17 Million ≈ $54.38 Million |
CA$-22.36 Million ≈ $-16.18 Million |
-0.297x | -183.42% |
| 2020-12-31 | CA$77.91 Million ≈ $56.36 Million |
CA$27.78 Million ≈ $20.10 Million |
0.357x | +822.26% |
| 2019-12-31 | CA$52.58 Million ≈ $38.04 Million |
CA$-2.60 Million ≈ $-1.88 Million |
-0.049x | -30.45% |
| 2018-12-31 | CA$42.83 Million ≈ $30.99 Million |
CA$-1.62 Million ≈ $-1.17 Million |
-0.038x | -21.61% |
| 2017-12-31 | CA$33.10 Million ≈ $23.95 Million |
CA$-1.03 Million ≈ $-745.21K |
-0.031x | +2.08% |
| 2016-12-31 | CA$31.83 Million ≈ $23.03 Million |
CA$-1.01 Million ≈ $-731.81K |
-0.032x | -41.93% |
| 2015-12-31 | CA$13.56 Million ≈ $9.81 Million |
CA$-303.55K ≈ $-219.58K |
-0.022x | +37.67% |
| 2014-12-31 | CA$12.53 Million ≈ $9.06 Million |
CA$-450.10K ≈ $-325.60K |
-0.036x | +42.82% |
| 2013-12-31 | CA$12.42 Million ≈ $8.98 Million |
CA$-780.12K ≈ $-564.32K |
-0.063x | +43.20% |
| 2012-12-31 | CA$10.00 Million ≈ $7.23 Million |
CA$-1.11 Million ≈ $-799.89K |
-0.111x | -19.65% |
| 2011-12-31 | CA$5.68 Million ≈ $4.11 Million |
CA$-524.73K ≈ $-379.58K |
-0.092x | -226.02% |
| 2010-12-31 | CA$2.90 Million ≈ $2.10 Million |
CA$-82.23K ≈ $-59.48K |
-0.028x | +61.10% |
| 2009-12-31 | CA$2.98 Million ≈ $2.15 Million |
CA$-216.88K ≈ $-156.89K |
-0.073x | +42.87% |
| 2008-12-31 | CA$1.74 Million ≈ $1.26 Million |
CA$-221.53K ≈ $-160.25K |
-0.128x | -132.77% |
| 2007-12-31 | CA$2.03 Million ≈ $1.47 Million |
CA$-111.44K ≈ $-80.61K |
-0.055x | +83.55% |
| 2006-12-31 | CA$280.21K ≈ $202.70K |
CA$-93.35K ≈ $-67.53K |
-0.333x | +23.84% |
| 2005-12-31 | CA$99.02K ≈ $71.63K |
CA$-43.31K ≈ $-31.33K |
-0.437x | +34.47% |
| 2004-12-31 | CA$166.09K ≈ $120.15K |
CA$-110.87K ≈ $-80.20K |
-0.667x | +33.81% |
| 2003-12-31 | CA$32.46K ≈ $23.48K |
CA$-32.74K ≈ $-23.68K |
-1.008x | -66.00% |
| 2002-12-31 | CA$99.30K ≈ $71.83K |
CA$-60.32K ≈ $-43.63K |
-0.607x | -98.55% |
| 2001-12-31 | CA$155.12K ≈ $112.21K |
CA$-47.46K ≈ $-34.33K |
-0.306x | -- |
About Thor Explorations Ltd.
Thor Explorations Ltd., together with its subsidiaries, engages in the production, development, and exploration of gold. The company also explores for silver and lithium deposits. Its flagship property is the Segilola Gold Project in Nigeria. Thor Explorations Ltd. was incorporated in 1968 and is based in Vancouver, Canada.